Owning a home is a dream for most Filipinos, but it comes with a hefty price. Getting one can be pricey, and only very few people have the cash to pay the full amount upfront. To make this dream a reality, most people turn to home loans. These loans are lifelines for those with good
Are you trying to qualify for a loan? Or have you been rejected quite a few times and want to know some tips to finally get approved? Whatever the case, we know that loan applications can be time-consuming. Even if you’ve had loan applications turned down in the past, that doesn’t mean you can’t get
Once we make our own money, it’s easy to fall into the trap of bad spending habits. Most people have the misconception that if we just have enough money, we can buy whatever our hearts desire. On top of that, there are the numerous advertisements we see, the allure of instant gratification, and the need
Following its milestone delivery of 15 million credit scores, FinScore introduces CrediView – a transformative add-on to its Telco Credit Score. Designed similarly to a credit report, CrediView shows banks and lenders a borrower’s recent loan inquiries from over 40 financial institutions in the Philippines. Describing CrediView as similar to a “credit bureau inquiry service,”
One Alliance Lending joins the growing number of Philippine financial institutions to integrate alternative credit scoring to make loans more accessible to more individuals. Powered by FinScore’s telco data and advanced analytics, One Alliance Lending offers Secured Business Loans aimed at helping small-scale businesses recover from the effects of the pandemic, while also fostering growth
Have you ever wondered why banks offer different types of interest when applying for a loan? Let’s say you want to buy a house and use a loan to complete the purchase. Then, each bank tells you that you must give back a higher amount than you borrowed. The amount added to the original amount
There were 34.3 million unbanked Filipinos in 2021. Despite a 16.9 million difference from the previous 51.2 million in 2019, the Philippines still has a sizable unbanked population. This is a cause for concern, especially regarding financial inclusion and determining creditworthiness. Credit scores are an important part of a customer’s financial health. Good credit scores
FinScore, the Philippines’ leading alternative credit scoring provider, has achieved a significant milestone by delivering 15 million total credit scores. This achievement highlights the growing adoption of FinScore’s services among banks and lending companies, as they strive to expand credit access for underbanked individuals in the Philippines. Traditionally, financial institutions can only cater to individuals
Fraud detection finds and stops fraudulent activities in finance, healthcare, e-commerce, and other fields. It uses technology, statistical analysis, and human knowledge to look for unusual or suspicious patterns in data, transactions, or behaviors that could be signs of fraud. If you’re in the business and financial sectors, you need to know how fraud detection
Bank fraud is a serious issue that has become even more rampant as the digital world continues to expand. Today, individuals who experience fraud find themselves woefully unprepared for such an experience. This is why knowing what to do after a fraud transaction is valuable knowledge for digital dwellers. What is Online Bank Fraud? Online
FinScore is a financial technology company in the Philippines that offers a powerful credit scoring platform and fraud detection tools based on alternative data, including telco-based data.
As the pioneer in lending and scoring of the unbanked, we continuously provide fintech services that empower financial institutions, banks, and credit bureaus with flexible platforms to help them make insightful and reliable credit decisions. Contact us today to learn more about our products and solutions for financial institutions.
